Creative insurance solutions for healthcare facilities.

Tap Into Our Expertise, Experience in Insuring Healthcare Facilities

The need for retirement communities, nursing homes, and assisted-living facilities is expected to grow significantly in the next two decades with increasingly more baby boomers retiring. Moreover, since people are living longer, the incidence and duration of progressive illnesses will increase. According to the U.S. Census Bureau, when the last of the baby boomers reach age 65 in 2029, the boomer population will represent more than 20% of the total U.S. population, numbering nearly 60 million people. And about 70% of that 65-plus population – including many people with cognitive impairment disorders – will require some form of long-term care, according to the U.S. Department of Health and Human Services. A projected 7.7 million of them will suffer from Alzheimer’s disease (a 50% increase from today), according to the Alzheimer’s Association. As a result, there will be an increase not only in the development of assisted living and retirement housing, but also the need for professionals to provide services in senior living facilities.

National wholesaler Highland Risk Services is well positioned to help you expand your agency footprint in this growth industry, backed by our expertise, experience, and market relationships in healthcare. We work exclusively with agents and brokers, and our programs available throughout the country.

Our Risk Appetite

Senior living facilities range from those providing their patients/clients with very little assistance to those who provide continuing daily nursing care. At Highland Risk, we offer insurance and management risk programs to a wide range of healthcare facilities and operations, helping meet the needs of assisted living facilities, skilled nursing facilities, independent living facilities, continuing care retirement communities (CCRCs), allied health, clinics, imaging centers, and home health services.

Our Proactive Approach to Mitigating Risk

Our experience in senior care has enabled us to develop programs that address the various exposures to which senior living and healthcare facilities are exposed. Our highly specialized underwriters create programs specifically designed for long-term care, senior living, and healthcare facilities to help your clients minimize risks and protect against loss. We take a proactive and caring approach in mitigating exposures by not only providing proprietary forms to insure against loss, but also offering a host of risk management services. Our services include, but are not limited to, providing safety programs and employee training to control workers compensation cost; establishing protocols for caregivers to stem professional liability claims related to medication administration, abuse allegations, and other risks; and putting into place measures to minimize additional liability exposures due to higher acuity levels, patient falls, and increased federal and state regulations.

Our focus on long-term care, senior living and healthcare facilities has resulted in deep expertise, relationships with the right markets and a thorough understanding of insurance products and policy mechanics.

Primary Features

SNF

Skilled Nursing Facilities

ICF

Intermediate Care Facility

ALF

Assisted Living Facility

ILF

Independent Living Facility

CCR

Continuing Care Retirement Communities

Additional Features

Home Health Services

Long-term Acute Care Hospitals (LTACH)

Adult Day Care Facilities

Miscellaneous Mental Health Service Providers

Facility Highlights

SNF/ICF

ALF

ILF

CCRC

All states

All facility sizes

Single or multi-location chains

Currently insured or self-insured

For-profit & not-for-profit

Includes facilities with Alzheimer’s/Dementia focus, ICFs with Mental Illness/Psychiatric focus

Includes communities with additional entertainment exposures including liquor liability

We Focus on Supporting Your Future Growth

What we do is not as important as how we do it. We invite you to explore the Highland Risk difference. Just give us call at (847) 832-9100 to learn more about us, our coverage lines and programs and how we can serve you and your clients’ needs.